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Tag: obama
A new study from the Brooklyn Institution states that more US businesses are being destroyed than are being created. This trend has been most striking over the Obama administration, culminating with the worst numbers since the beginning of 2009.
There is no states or regional localization for these numbers. The poor business growth and the destruction of businesses are seen throughout the entire 50 state union. The only valid conclusion when looking at these statistics is that the problem arises from a central source and not on the local level. When I write of a central source, I am, of course, referring to Washington DC.
Since Obama has taken office, there has been an attack on the middle class. Despite Obama’s rhetoric and the media’s confirmation of his lies, the wealth gap between the rich and poor is widening by the day, while squeezing out the middle class in the process.
Remember, small business is the spine which makes America’s economy and creates most of the jobs in this country. However, as any small business owner will tell you, it has become more difficult by the year to maintain that business. Higher taxes, no incentives, new laws and an unfriendly central government has made business ownership increasingly more difficult. Also, it deters the entrepreneurial spirit and discourages anyone from wanting to create their own business.
Despite the lower unemployment rate, it clearly explains why the nation’s workforce shrank by more than 800,000 workers in April, sending the labor force participation rate plummeting 0.4 percentage points to 62.8 percent.
Despite what you hear on the news, America’s economy remains in a downwards spiral. Many have given up looking for work and are now on the government doll, or they just decided to retire due to the bad economy. As this trend continues, America’s competitive edge will soon be lost.
Don’t let this happen.
Recently, Chris Stigall spoke with comedian Rob Schneider. The comedian’s responses were both candid and honest. He was open about his feelings of the Obama administration and of the liberal press.
He stated, “Democracies don’t end well. We are sliding very fast towards fascism. It’s an ugly kind of thing. There’s this kind of mob mentality that we have to be careful of.”
He also admitted that he was pressured by the media and the Hollywood establishment to have a more liberal or progressive stance on political issues. He said, “There’s a polarization that’s happening…I do think you look can look at government and go, ‘Wow, it is out of control now,’ and if you do criticize or tend to be not directly along a liberal stand, you can get murdered.” He went on to comment that the biggest government watchdog, the media has taken sides and no longer accurately reports the news. He stated, “We don’t really have freedom of the press. It’s owned by about eight different companies, and it doesn’t really express or help the average American.”
Schneider was critical of the President’s handling of the economy and he feels certain policies are negatively impacting businesses. He noted, “There’s not one segment of business under the Obama administration that hasn’t been hurt…he attacks for-profit schools, which is totally an elitist thing from a guy that went to Harvard. I think for free, by the way.”
Some say the more conservative segment of the population is paranoid that the media is a leftist propaganda machine or that the government is out to get them. However, with honest comedians like Rob Schneider and the blatant IRS scandal, there is substance to their argument.
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Obama Prolongs Recession
The best way to prolong a recession and stifle the economy is by continually raising taxes. Unfortunately, this self-destructive policy has been Obama’s disastrous domestic policy ever since taking office. Under Obama’s recent proposal, taxes would rise from 17.6 percent of Gross Domestic Product in 2014 to 19.2 percent in 2024. During the ten years from 2015 to 2024, federal taxation would average 18.7 percent GDP. The Congressional Budget Office (CBO) said this would be the highest level of sustained taxation ever imposed on the American people. And you all thought Jimmy Carter was a disaster.
Plus, under Obama’s budget proposal, according to the CBO, the budget will never balance. But over the next ten years, the federal government would add $7.183 trillion to its debt held by the public. And in my opinion, that is a conservative number that does not account for the trillions of dollars of mounting debt accrues from Obamacare.
The problem now in America is that he job market has stagnated considerably under Obama. With full-time work hard to find, workers have built temping into a de facto career, minus vacation, sick days or insurance. The assignments might be temporary — a few months here, a year there — but labor economists warn that companies’ growing hunger for a workforce they can switch on and off could do permanent damage to these workers’ career trajectories and retirement plans. In March, the temp industry added 28,500 jobs. As these numbers grow on a monthly basis and as more people are just simply giving up looking for work because the jobs aren’t there, America’s full time labor force dwindles by the day. Plus, as incentives to stay home and live under the government dole continue their insurmountable rise under Obama, there is no longer incentive to look for work for many people.
A recent story I came across I think nicely sums up the current state of the American work force. For seven years through 2012, the number of Californians aged 50 to 64 who live in their parents’ homes swelled 67.6% to about 194,000, according to the UCLA Center for Health Policy Research and the Insight Center for Community Economic Development. The jump is almost exclusively the result of financial hardship caused by the recession rather than for other reasons, such as the need to care for aging parents, said Steven P. Wallace, a UCLA professor of public health who crunched the data. Plus, the number of Americans 55 and older who have been out of work for a year or more was 617,000 at the end of December, a fivefold jump from the end of 2007 when the recession hit, according to the Bureau of Labor Statistics.
Any economist can realize that these numbers and trends all stink and are hazardous to a solvent American economy. Plus, if you think the national unemployment numbers disagree with my statements or is an accurate barometer of the health of our economy, you are sorely wrong. These numbers reflect only those who are actively seeking work. Most have simply given up or settled on part time employment—both of which artificially pads the unemployment numbers.
America is heading in the wrong direction, and if we don’t do anything now, the consequences will be dire.
When I conjure up a vision of total failure, many things come to my mind including the Dodge Pinto, Kathleen Harding and now appropriately the health and human services secretary Kathleen Sebelius. Though my criticism may seems harsh, I think it’s certainly apropos when looking at the facts. Though I don’t directly blame her for the heavy-faulted and crony capitalistic law, she along with Obama will forever will forever bear the scar of this ignominious Scarlet Letter.
Here are the Facts:
1. Insurance Costs Continue to Rise: One of the central claims made by the “central planners” was that insurance premiums would go down for buyers. However, the law actually mandates plans to cover more and more (“children” must be covered to age 27, “free” “women’s health” services), adds new taxes and fees, raising the minimum requirements and force high-risk patients into pooled-plans. So where does this money come from? That’s right, the consumer. Most with private plans have been hit with over a 100% increase!
2. Too Many Loopholes to be Effective: One of the problems with a bill written by lobbyists and bureaucrats, passed by people who never read it, and numbers in the 2,000s of pages is that it is too complicated and has too many loopholes. Take for example, employers have cut back hours or reduced staff to avoid hitting certain requirements—raising the unemployment numbers.
3. Leaves 31 Million Uninsured by 2023! How does this help our country? With 40 million already uninsured and many by choice, did we really have to disassemble almost 20% of the economy for these underrated, dismal numbers?
4. Program Costs Continue to Blow Past Initial Estimates: The CBO already conservatively estimates the 1 Trillion dollar allocated budget is almost another trillion dollars over budget.
5. The Program is Run by Government: This point speaks for itself. Plus, to make the matter worse, the IRS is implementing it. That’s like the Gestapo running the healthcare system of Nazi Germany.
6. The Web Site is a Failure: Don’t forget, the web site was and still is a failure. Plus, it cost over 3 billion dollars to create. That’s both grossly inefficient and absurd at the same time.
7. True “Benefits” Unclear: If you haven’t seen all the benefits promised since the passage of Obamacare, you are not alone.
8. Negative Employee Repercussions: In order to escape the heavy hand of government, businesses have been forced to follow the law as passed and find ways to avoid being negatively impacted. As a result of the law, businesses have been forced to drop full-time employees to part-time status, stop hiring altogether, and scrap plans for expansion.
9. You Don’t Get to Keep Your Doctor: Remember this flagrant lie by the president? Also remember how he promised premiums would go down by 2500 dollars? Lie and double lie!
10. 7.5 Million Sign Up: Obama is celebrating about the 7.5 million enrollees. However, when you look at these numbers most of them are from people who lost their insurance due to the law. And worse yet, most have not actually paid for the coverage. Lastly what about the other 32.5 million people?
Unfortunately, this list of failure will grow as our country’s economy shrinks.
Unfortunately, Friday rolled around again, and the Obama White House let out further disappointing news. No, they are not doing something incredibly stupid like the Carter administration and giving up the Panama Canal. Instead, they are doing something stupider—they are giving up American control of the internet to the world.
First of all, what agency in the world is now set to oversee the internet? Is it the New World order? Is it the UN? Could it be a band of international bankers? The truth is, we don’t know and no agency has yet has been established. Where is the common sense in this move?
PAT BUCHANAN: It’s very negative. I think you’re transferring the custody of this immensely important function from the United States to an international community which is susceptible to and could cave in to pressures—from places like China and others in terms of what they do. I think, far better that the United States do it themselves. I agree with Mike Huckabee. They made mistakes with NSA but you don’t do it because of that out of guilt.
When you consider the problem with giving up the internet to the national community, one cannot help but wonder how other countries without a First Amendment will respond. China, Russia, Venezuela, Iran and recently Turkey are all prime examples of nations already mandating strict censorship over the internet. If one world body controls the World Wide Web, there obviously will be some compromise as to its content—and unfortunately, that compromise will come at the expense of our First Amendment. There would be no other way for a United States to work with the previously mentioned countries if this outcome did not occur.
So the question thus arises: Why would the US give up control over the internet? Some blame Snowden, and state Obama is doing it to appease the national community. However, I think, and this is only conjecture, that Obama and his administration have much more loftier goals than simple appeasement.
I believe that Obama is giving up the internet to the international community to ensure censorship on the US internet. Yes, as strange as it sounds, it is a valid theory. Ever since Obama took office, he has been discrediting conservative blogs and all internet means of distributing conservative views. Time and time again, he publically trashes them in his speeches and implores Americans not to listen to them.
Obviously, with our First Amendment, he cannot directly censor the internet. Instead, he can have the international community do it without getting his hands dirty. It is both a convenient and simple solution. Honestly, with all that has been going on for the last few years at the Obama administration, I’m surprised no one else thought of this theory fist.
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Is Obama the Modern Day Caligula?
Is President Obama a modern day Caligula? Well, certain striking similarities abound that make the comparison eye-opening. Caligula was the Roman Emperor from 37 to 41 AD when he was murdered the Praetorain Guard, ending his infamous reign. This dictator has gone down in history as one of the worst Roman emperors that ever held the position. Through his financial excess, out-of-touch domestic policies and seemingly erratic behavior he is the embodiment of a poor leader.
Ironically, despite his record, the people of Rome loved him during his day. Instead of cheering his assassination they sought out his killers and brought them to justice. It seems almost counterintuitive but history does not lie- on the contrary, it tends to repeat itself.
You may ask why such a notorious dictator was so loved during his day. Well, when you look at what’s going on today you will understand. Caligula was one of the first politicians in recorded history to use class warfare. Like Obama, he denounced the rich and successful of his country and frequently made an example out of them to increase his popularity. He excessively taxed them, imposed charges similar to our modern day capital gains, and took their inheritance. Not only did he believe extorting from the rich would help the economy but he also believed that it would bolster his popularity among the Roman people. Well, he was certainly wrong on the first point but was correct on the second.
Is what Caligula did any different from the Buffet tax? Financially, this tax would have done nothing to help the economy or reduce the national debt. However, the only thing it could accomplish would be to punish the successful and have Obama gain favor among the American people.
Caligula was also remembered for his excessive spending. Caligula’s payments for support, generosity and extravagance had exhausted the state’s treasury and began bankrupting the country. Unfortunately, this is exactly what we see today. With the vast expansion of government, increase in spending and a 16 trillion dollar debt Obama has done the same thing to the United States as Caligula did to Rome. However, instead of just exhausting our treasury, he has put our country into a financial whole. Plus, like Caligula, we see Obama’s excesses. From his wife’s trip to Spain to his own over-the-top inauguration he is the modern day Caligula.
Lastly, Caligula was considered mad for promoting his own horse to the position of consul. This was the highest elected political office in Rome, second only to the emperor. Well, when we look at some of those Obama has appointed to high ranking governmental positions the similarities become obvious. Van Jones, Al Armendariz and Eric Holder are just a few of his winners. To be honest, I’d rather see him appoint a horse instead of many of the people he has surrounded himself with.
Unfortunately, the similarity between Obama and Caligula is clear. Caligula only had 4 years in office. Let’s do the same to Obama and vote for Romney this November!